Defined Duration 10 ETF (DDX) Performance
DDX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.9% since Dec 31, 2025
- 1 year
- +5.8% total return
- 5 years
- +2.5% a year
- Since first price
- +2.5% a year since 2021
DDX trailing returns vs SPY, QQQ, AGG
| Period | DDX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.1% | −0.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.3% | −0.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.0% | +0.4% | +7.8% | +8.4% | −1.5% |
| YTD | +4.9% | +2.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +5.8% | +2.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +32.4%+9.8%/yr | +20.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +13.3%+2.5%/yr | −0.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionSep 20, 2021 | +13.5%+2.5%/yr | −0.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DDX vs SPY
From Sep 20, 2021: DDX grew to $11,349, SPY to $18,721.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DDX returns by calendar year
3 of 4 full years positive. Best 2025 (+12.0%), worst 2022 (−16.2%). 2026 is year to date.
DDX annual returns table
| Year | DDX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.9% | −4.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.0% | −4.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.9% | −4.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +10.5% | −6.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −16.2% | −20.4% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DDX largest drawdowns
Now 1.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −21.3% | Oct 14, 2022 | Jun 24, 2025 | 11 months | 3.6 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DDX risk statistics
| Statistic | 3 years | 5 years |
|---|---|---|
| Annualized return | +9.0% | +2.7% |
| Volatility (annualized) | 6.6% | 8.6% |
| Sharpe ratio | 0.68 | -0.06 |
| Sortino ratio | 1.03 | -0.08 |
| Best month | +4.8% | +5.6% |
| Worst month | −3.2% | −6.3% |
| Best 12 months | +15.4% | +15.4% |
| Worst 12 months | +2.9% | −18.6% |
| Positive months | 72% | 62% |
| Beta vs S&P 500 | 0.36 | 0.45 |
| Correlation with S&P 500 | 0.69 | 0.82 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DDX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 50 | −18.6% | +6.3% | +15.4% | 84% |
| 3-year (a year) | 26 | −1.6% | +7.0% | +9.8% | 85% |
| 5-year (a year) | 2 | +2.4% | +2.6% | +2.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
DDX performance overview
Defined Duration 10 ETF (DDX) returned +5.8% over the past year and +2.5% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +2.5% a year, turning $10,000 into about $11,349. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −21.3%, from Nov 9, 2021 to Oct 14, 2022, and it took 2.7 years to get back to the old high. DDX finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+12.0%) and the worst 2022 (−16.2%). Volatility has been 8.6% a year.
Related: DDX chart, DDX dividends. See the DDX overview for the latest quote and fund facts.
DDX performance FAQ
What is the DDX return over the past year?
DDX returned +5.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 2.5%.
What is the average annual return of DDX?
DDX has returned +2.5% a year over 5 years, +2.5% a year since September 20, 2021 (total return, distributions reinvested).
How much would $10,000 invested in DDX be worth?
$10,000 invested in DDX at its first recorded close on September 20, 2021 would be worth about $11,349 on October 23, 2026 with distributions reinvested.
What was the worst year for DDX?
The worst calendar year was 2022, with a total return of −16.2%. The best was 2025 at +12.0%.
What is the biggest drawdown of DDX?
The largest peak-to-trough decline was −21.3% between November 9, 2021 and October 14, 2022. It recovered to the old high on June 24, 2025, 2.7 years after the bottom.
How volatile is DDX?
Over the past 3 years DDX had an annualized volatility of 6.6% and a Sharpe ratio of 0.68 (excess return over 1–3 month T-bills per unit of risk).